S&P Italy downgrade new blow for distressed Europe Reuters Europe has come under increasing global pressure to resolve a crisis that has seen numerous ratings downgrades and financial rescues for Greece, Portugal and Ireland. Analysts said thecrisis will have to be addressed by policymakers starting with the ... See all stories on this topic » | ||
| ||
| ||
| ||
| ||
EU to urge U.S., Japan to act on public deficits at G20 Reuters Euro zone debt has been in market sights ever since Greece was forced to ask for emergency lending from the EU and the International Monetary Fund in 2010 when it had been overspending for years and tweaking statistics to hide it. The regional crisis ... See all stories on this topic » | ||
EU integration is the last thing we need Spiked Of course, magical solutions to the Eurozone crisis don't exist. Living in Ireland, I don't much relish the collapse of, or an Irish exit from, the Euro. It's one thing to argue we should never have joined; it's entirely another thing to say we should ... See all stories on this topic » | ||
METALS-Copper edges up from 9-month low Reuters ... euro zone countries are caught up in the debt crisis. Europe has come under increasing global pressure to resolve a crisis that has seen numerous ratings downgrades and financial rescues forGreece, Portugal and Ireland. Analysts said the crisis ... See all stories on this topic » | ||
European Crisis Slows down Bulgaria's Growth Standart News The financial worries of the Eurozone countries will slow down the economic recovery of Bulgaria, Finance Minister Simeon Djankov told the national television. The financial issues of the EU do not end with Greece, Portugal and Ireland, as economic ... See all stories on this topic » | ||
Hong Kong Stocks Rise as Chinese Mobile Phone Carriers Rally BusinessWeek Italy follows Spain, Ireland, Portugal, Cyprus and Greece as euro-region countries having their credit rating cut this year, reinforcing concern Europe's debt crisis will spread. “Sentiment is taking another hit,” Hans Goetti, the Singapore-based chief ... See all stories on this topic » | ||
| ||
Lagarde must rebalance her biased Fund Financial Times About 80 per cent of IMF credit outstanding for all members has been allocated to Europeancountries. If we look only at programmes currently active, we find that just Greece, Ireland andPortugal account for two-thirds of the total non-precautionary ... See all stories on this topic » | ||
Risk aversion batters rand Fin24 RMB analysts said in a note on Monday that the inability of European politicians to get on top of the Piigs (Portugal, Italy, Ireland, Greece, Spain) crisis was creating increased risks of anotherfinancial crisis - this time centred on eurozone banks. ... See all stories on this topic » | ||
Ostriches can't deal with crisis Times of Malta Major European economies are experiencing some very serious choppy waters. The aftermath of the worst economic crisis and financial meltdown in the past eight decades is anything but rosy. Countries such as Greece, Spain, Italy, Ireland and Portugal ... See all stories on this topic » | ||
Portuguese premier: If Greece sinks, Europe will be in danger Monsters and Critics.com An aggravation of the Greek crisis would make Portugal's economic recovery more difficult, according to the premier, whose country followed Greece and Ireland in being bailed out by the EUand the International Monetary Fund. Passos Coelho defended the ... See all stories on this topic » | ||
| ||
Rumours Beijing has turned its back on French Banks Property Wire The news came after panic gripped global markets as a fresh showdown over Greece renewed fears that the eurozone will be plunged further into crises. This helped the pound make back losses against the single currency, with sterling hitting its highest ... See all stories on this topic » | ||
| ||
| ||
Fund Managers Remain Optimistic In Tumultuous Economic Times Financial Advisor Magazine As for international and emerging markets, managers are optimistic despite an overall atmosphere of fear, especially around Greece's debt crisis possibly causing a European collapse. “Will Greecedefault? Yes, but it won't be as severe as the 2008 ... See all stories on this topic » | ||
The Sad Case of the Germans EconoMonitor (blog) If Europe wants to avoid a deepening crisis, it is unavoidable, too.” Absolutely right, as usual. He's right again today in the FT when he argues that Greece should, at this juncture, bolt the EU and revive the drachma (and thus its ability to ... See all stories on this topic » | ||
| ||
Italy criticizes S&P downgrade as political, pledges growth and austerity plan ... Newser Markets, which were buoyed by hopes that Greece will not be allowed to default, took the surprise move in stride. But the downgrade is likely to reinforce fears that the eurozone's third largest economy is getting sucked into Europe's debt crisis, ... See all stories on this topic » | ||
Compromised Global Markets Thwart Any Possibility of Economic Recovery: Gold ... Midas Letter Most are unlikely to dive back in given fears over Europe's debt crisis and fears of a second recession in the United States that sent equity markets sliding over the summer. The $2 trillion hedge fund industry — often seen as the smartest of the ... See all stories on this topic » | ||
The Unusual Case of Euroland Credit Writedowns It is not quite that extreme because the formation of the European Union has ensured some willingness of member states to come to the rescue of states in financial trouble (something that has been witnessed since the Global Financial Crisis first ... See all stories on this topic » | ||
The Greek default could happen sooner than later ECB pumps money into markets ... Belfast Telegraph They have the power to pump money into the financial system almost without limit: to provide short-term liquidity to the world's banks. It seems that the pressures on the banks as a result of Europe'ssovereign debt crisis have become so severe that ... See all stories on this topic » | ||
Toronto stock market drops 100 points as traders lose confidence in Greece Winnipeg Free Press The Canadian dollar was off 1.15 cents to 101 cents US as investor concerns about Europe's debtcrisis fuelled a stronger US dollar. With Greece's Prime Minister George Papandreou cancelling a trip to the United States and the Greek cabinet meeting to ... See all stories on this topic » |
Is the Eurozone Crisis a British-American fantasy? — DollarCollapse ... By John Rubino For now, as we have said for several quarters, the media and financial hysteria surrounding the Greek crisis is primarily in the realm of propaganda and manipulation. To see this, it suffices to note that outside Greece, no Euroland citizen would ... DollarCollapse.com |
NewsDaily: EU to urge U.S., Japan to act on public deficits at G20 By Jan Strupczewski While Greece, Ireland, Portugal, Spain and Italy are under most pressure from markets to reduce budget deficits, the euro zone's biggest economy Germany expects a deficit of just 1.5 percent of GDP this year and a balanced budget in 2014. ... EURO CRISIS IN FOCUS. Euro zone debt has been in market sights ever since Greece was forced to ask for emergency lending from the EU and the International Monetary Fund in 2010 when it had been overspending for years and tweaking ... NewsDaily: Top Headlines |
| ||
|
No comments:
Post a Comment
No adult content please.
Articles accepted having references.
No advertisement accepted.